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View Diary: Beware of Greeks bearing debt (141 comments)

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  •  Yeah. Awful choices. (1+ / 0-)
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    greenearth

    It's like one of those complicated unhappy marriages you see from time to time. There just do not seem to be any good options.

    One thing that might help would be for Greece to go into a kind of receivership. So the finances of the country would be subject to an external control board that would create transparency and confidence, and that would in turn put new finance regulations in place to rebuild the Greek economy. But all this has to be combined, it seems to me with a restructuring of the Euro zone. We almost need 2 monetary zones.

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